Question: Project procurement management is a Knowledge Area that involves selecting sellers (vendors), negotiating their terms, and managing the ongoing relationships with them. Sometimes those activities
Project procurement management is a Knowledge Area that involves selecting sellers (vendors), negotiating their terms, and managing the ongoing relationships with them. Sometimes those activities are conducted by the project manager; other times they are completed by a purchasing department or higher-level manager.
- As a Project Manager, what procurement management activities have you performed or experienced in the past?
- If the PM has not completed those activities, who in the organization has?
- What procurement-related activities do you anticipate that you will be expected as the project manager for IRTC?
- What activities need to be identified and performed right now?
- How might procurement-related activities involve managing stakeholder engagement?
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